GCC bond markets rebound in October as global yields ease
- Fixed income markets in the Gulf and wider Middle East saw a rebound in October due to falling government bond yields in major economies.
- The MENA Bonds Index gained 1.73% and the MENA Sukuk Index rose 0.96%, leading to a combined increase of 1.5% for the MENA Bonds & Sukuk Index.
- The US 10-year Treasury yield fell 35.7 basis points to 4.93%, while the 30-year yield dropped 32.1 basis points to 5.31% in October.
